Welcome to Fibre2fashion.com    
fibre2fashion
Pilbloc
Textile | Apparel |  Fashion | Technology | Technical Textiles  | Corporate | Associations Android app on Google Play Android app on Google Play
 
Home >> News
 

Burlington Stores commences secondary public offering

April 29, 2014 (United States Of America)

Burlington Stores, Inc. announced that it has commenced a public secondary offering of its common stock (the “Offering”). 
 
In the Offering, which is subject to market and other conditions, certain of the Company’s stockholders intend to offer 12,000,000 shares of common stock for sale and certain of the Company’s stockholders intend to grant the underwriters the right to purchase up to 1,800,000 additional shares. 
 
All of the shares in the Offering are being offered by selling stockholders. The Company will not receive any of the proceeds from the Offering.
 
J.P. Morgan, Morgan Stanley, BofA Merrill Lynch, Goldman, Sachs & Co., and Wells Fargo Securities are acting as joint book-running managers for the offering. BMO Capital Markets, Cowen and Company, Guggenheim Securities, SunTrust Robinson Humphrey, Telsey Advisory Group and Ramirez & Co., Inc. are serving as co-managers for the offering. 
 
About Burlington Stores, Inc.
The Company, through its wholly-owned subsidiaries, operates a national chain of off-price retail stores offering ladies’, men’s and children’s apparel and accessories, home goods, baby products and coats, principally under the name Burlington Coat Factory.
 

Burlington Stores
More Burlington Coat Factory News...
More Apparel/Garments News - United States Of America...

 
Email this
Story
Print this
Story
Letter to
Editor
Sign Up for
News Letter
Search
Companies
 
 
  RSS